Futu News, June 10, this Wednesday.$NetEase, Inc-S (09999.HK) $According to the announcement, the company issued 171 million shares at a price of HK $123,100 per share and is expected to go public on June 11. Dark trading in Fortune will start at 16:15.

Since one US share of NetEase, Inc is equal to 25 common shares, based on the closing price of US $409.54 on Tuesday, the price of Hong Kong stock is HK $126.95.A 3.2% premium over the pricing of HK $123.

NetEase, Inc was 360.53 times subscribed during the public offering phase, and the final number of offer shares allocated to the public offering was 20.58 million shares, accounting for about 12% of the total number of offer shares. A total of 371075 valid applications were received, with a success rate of 8% and 45 subscriptions.

In addition, the international offering was substantially oversubscribed, resulting in a final number of 150.9 million shares, equivalent to about 88 per cent of the total number of shares offered. Futu Information collates the relevant data as follows:

The net proceeds of about HK $20.929 billion are intended to be used for global strategies and opportunities; to promote the company's continuous pursuit of innovation; and for general corporate purposes.